GEM Enviro Management Limited IPO
GEM Enviro Management Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹71–₹75 per share. The stock debuted at ₹142.5, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,20,000.
GEM Enviro Management Limited IPO
- IPO Dates
- Jun 19, 2024 – Jun 21, 2024
- Price band
- ₹71-75 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹44.93 Cr
- Lot size
- 1600
- Allotment Date
- Jun 24, 2024
- Listing
- Jun 26, 2024
- Listing At
- BSE SME
IPO timeline
-
Jun 19, 2024
Open Date
Completed
-
Jun 21, 2024
Close Date
Completed
-
Jun 24, 2024
Allotment Date
Completed
-
Jun 26, 2024
Listing Date
Completed
GEM Enviro Management Limited IPO Essentials
GEM Enviro Management Limited IPO Details
GEM Enviro Management Limited IPO is priced at ₹71-75 per share with a total issue size of 44.93 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.
- Issue price
- ₹71-75 per equity share
- Lot size
- 1600 shares
- Face value
- ₹5 Per Equity Share
- Issue size
- Total ₹44.93 Cr :
#Fresh Issue : 1,497,600 shares(aggregating up to ₹11.23 Cr) +
#OFS : 4,492,800 shares of ₹5(aggregating up to ₹33.70 Cr) - Total issue size
- 59,90,400 shares
(aggregating up to ₹44.93 crore) - Fresh issue
- 14,97,600 shares
(aggregating up to ₹11.23 crore) - Offer for sale (OFS)
- 44,92,800 shares
(aggregating up to ₹33.7 crore) - Listing at
- BSE SME
- List price
- 142.5
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Share India Capital Services Private Limited, Fintellectual Corporate Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,20,000 |
| Retail(max) | 1 | 1600 | ₹1,20,000 |
| NII (min) | 2 | 3,200 | ₹2,40,000 |
GEM Enviro Management Limited IPO Reservation
GEM Enviro Management Limited IPO reservation details show category-wise allocation of shares. Out of the total 5,990,400 shares, approximately 18.86% are reserved for QIB, 14.16% for NII, 33.01% for retail investors, 5.72% for market maker, and 28.26% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,692,800 (28.26%) | |
| Market Maker Shares Offered | 342,400 (5.72%) | |
| QIB Shares Offered | 1,129,600 (18.86%) | |
| NII (HNI) Shares Offered | 848,000 (14.16%) | |
| Retail Shares Offered | 1,977,600 (33.01%) | |
| Total Shares Offered | 5,990,400 (100%) |
GEM Enviro Management Limited IPO Analytics
GEM Enviro Management Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
GEM Enviro Management Limited IPO Subscription Status
GEM Enviro Management Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,129,600 / 848,000 | 1,977,600 | 3,955,200 |
|
Day 1
19-06-24 06:00 PM
|
(3.55 / 8.48) x | 14.21 x | 9.93 x |
|
Day 2
20-06-24 06:00 PM
|
(3.60 / 22.45) x | 47.29 x | 29.48 x |
|
Day 3
21-06-24 06:00 PM
|
(160.22 / 462.89) x | 240.25 x | 265.13 x |
GEM Enviro Management Limited Valuations
Earnings
- EPS Pre IPO
- ₹4.76/-
- EPS Post IPO
- ₹4.97/-
- P/E Pre IPO
- 15.76
- P/E Post IPO
- 15.09
Returns
- ROE
- 30.48%
- ROCE
- 36.55%
- RoNW
- 30.48%
- PAT Margin
- 31.84
Fundamentals
- Price / Book
- 5.09
GEM Enviro Management Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 3,574.93 | 2,684.52 | 1,895.51 |
| Revenue | 4,280.57 | 3,291.48 | 2,560.58 |
| Profit After Tax | 1,001.82 | 745.23 | 583.38 |
GEM Enviro Management Limited Company & Offer Insights
About GEM Enviro Management Limited
GEM Enviro Management Limited is a waste management company incorporated in February 2013, specialising in recycling all packaging waste, including plastic waste. The services of the company can be broadly classified into the following categories:
1. EPR consultancy and fulfillment for Plastic Waste
2. Collection and recycling of Industrial Plastic Waste
3. Sales and marketing of recycled products
4. ESG Consulting and BRSR (Business Responsibility and Sustainability Reporting)
Through the awareness programs, the company educates people on how to dispose of plastic waste properly and recycle. It generates revenue by selling recycled products and markets them to existing business customers, underlining their environmental benefits and cost-effectiveness.
GEM started providing ESG consulting and BRSR services to clients in the fiscal year 2023-24. This includes holistic ESG consulting, which is tailored to the specific needs of each client, including assessing current ESG practices, identifying areas for improvement, and integrating sustainability into core business operations through thorough ESG audits, stakeholder engagement, materiality assessments, and benchmarking.GEM Enviro Management boasts of a very diverse portfolio, having more than 100 clients in the above sectors, including F&B, FMCG, Cement, Fertilizers, Packaging, and Consumer Goods. Notable clients include Bengal Beverages Private Limited and Varun Beverages Limited.
The company has 51 full-time employees as of June 2024.
GEM Enviro Management Limited Promoter(s)
Mr Sachin Sharma, Mrs Sangeeta Pareekh, Mr Dinesh Pareekh, Mr Sarthak Agarwal, BLP Equity Research Private Limited are the company's promoters of GEM Enviro Management Limited.
GEM Enviro Management Limited IPO Issue Objectives
- •
- To Meet Working Capital Requirements
- •
- General corporate purpose.
Contact Information
Contact Details
GEM Enviro Management Limited
011-49068377
Unit No.203, Plaza- P 3, Central Square, Bara, Hindu Rao, -New Delhi-110006
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
GEM Enviro Management Limited IPO is a book-built IPO worth ₹44.93 crore. The price band is ₹71–₹75 per share. The IPO opens on Jun 19, 2024 and closes on Jun 21, 2024. It will be listed on BSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of GEM Enviro Management Limited IPO is ₹71 to ₹75 per share.
The lot size of GEM Enviro Management Limited IPO is 1600 shares.
The minimum investment for GEM Enviro Management Limited IPO is approximately ₹1,20,000 based on the upper price band .
GEM Enviro Management Limited IPO opens on Jun 19, 2024 and closes on Jun 21, 2024.
The allotment date of GEM Enviro Management Limited IPO is Jun 24, 2024.
GEM Enviro Management Limited IPO is expected to be listed on Jun 26, 2024, on BSE SME Platform.
GEM Enviro Management Limited IPO valuation snapshot: P/E 15.09, EPS ₹4.97/-, P/B 5.09, RoNW 30.48%, and market cap N/A.
To apply for GEM Enviro Management Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of GEM Enviro Management Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for GEM Enviro Management Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check GEM Enviro Management Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the GEM Enviro Management Limited IPO allotment status on IPO Ji for quick and easy access.